By Nagaraj Shetti Nifty continued with follow-through weakness on Wednesday amidst volatility and closed the day lower by 104 points. A long negative candle was formed on the daily chart with lower shadow. Technically, this pattern signals short term reversal in the market on the downside. After the formation bearish engulfing pattern on Tuesday, the market […]
Month: May 2023
Stocks To Watch: Jio Financial Services, Adani Ports, Vedanta, Titan, EID Parry, Cholamandalam Finance, TIIStocks To Watch: Jio Financial Services, Adani Ports, Vedanta, Titan, EID Parry, Cholamandalam Finance, TII
Stocks in focus: GIFT Nifty was 0.06% lower during Monday’s early trading session at 19,318.5, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Friday, domestic benchmarks NSE Nifty 50 and BSE Sensex ended in negative territory. The Sensex closed down by 0.31% at 64,948.66, while the Nifty 50 shed […]
Crude oil imports fall for third consecutive monthCrude oil imports fall for third consecutive month
India’s crude oil imports fell for the third consecutive month in August to 18.73 million tonne (MT) due to maintenance activities at Indian refineries and decline in shipments from Russia. Crude oil imports were 20.58 MT in May, 19.56 MT in June and 19.51 MT in July, as per data released by the Petroleum Planning […]
Higher platform fee may help Zomato pass on GST burdenHigher platform fee may help Zomato pass on GST burden
The higher platform fee food delivery firm Zomato is will charge would partially offset the impact of GST on delivery charges, in case the company is liable to pay any, analysts have said. GST authorities recently sent Zomato a show cause notice relating to an alleged tax liability of `401 crore, along with interest and […]
‘Will destroy India’s economy’: Gurpatwant Singh Pannun threatens to target BSE, NSE from March 12‘Will destroy India’s economy’: Gurpatwant Singh Pannun threatens to target BSE, NSE from March 12
Terrorist Gurpatwant Singh Pannun has recently issued yet another anti-India threat. This time, the leader of Sikhs for Justice group has said that he will target economic stability of India. According to a News18 report, Pannun has said that he will target the Bombay Stock Exchange and the National Stock Exchange on March 12, the […]
Oil rises on China, US economic data and OPEC+ cut expectationsOil rises on China, US economic data and OPEC+ cut expectations
Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. U.S. West Texas Intermediate crude (WTI) […]
NCCF to sell buffer onion at subsidised rate of Rs 25/kg in Delhi from tomorrowNCCF to sell buffer onion at subsidised rate of Rs 25/kg in Delhi from tomorrow
Cooperative NCCF will commence retail sale of onion from the government buffer stock at a subsidised rate of Rs 25 per kg in the national capital from Monday to give relief to consumers from high prices of the kitchen staple, its top official said on Sunday. The National Cooperative Consumers’ Federation of India (NCCF) is […]
5 dead as Japan Airlines plane burst into flames after massive collision at Tokyo Airport | Watch5 dead as Japan Airlines plane burst into flames after massive collision at Tokyo Airport | Watch
A Japan Airline’s plane caught fire on a runway at Tokyo’s Haneda Airport on Tuesday. Local media reports say that airport authorities are trying to douse the blaze and find out the reason of behind the accident. A footage by public broadcaster NHK is being shared on various social media platforms. Video: a JAL plane […]
G7 Summit: Prime Minister Narendra Modi meets world leaders in Hiroshima | In PicturesG7 Summit: Prime Minister Narendra Modi meets world leaders in Hiroshima | In Pictures
1/11 During his visit to Hiroshima for the annual summit of the G7 grouping and the Quad leaders’ meeting, Prime Minister Narendra Modi engaged in a series of significant engagements.One of these included a meeting with his Japanese counterpart, Fumio Kishida, where they explored avenues to bolster the friendship between India and Japan across various […]
Rupee gains strength, dollar weakens as Fed takes a pause; traders eye Fed Chair’s testimonyRupee gains strength, dollar weakens as Fed takes a pause; traders eye Fed Chair’s testimony
By Gaurang Somaiya Rupee strengthened after consolidating in a narrow range for the last few weeks ahead of the important FOMC policy statement that was released earlier this week. On the domestic front, trade balance number was released and that too triggered volatility in the short term. Apart from this, inflation numbers from the US […]